Skip to content

Meta’s David Marcus, Creator of Embattled Diem Project, to Leave Company

Marcus, who joined the tech giant in 2014, has struggled to get the Diem currency off the ground

Video player cover image
What David Marcus' Departure Could Mean for Meta, Diem

David Marcus, one of the top executives at Meta Platforms Inc. and the co-creator of the yet-to-be-launched Diem digital currency, is leaving the company after seven years to pursue other projects. 

Marcus, who joined the Facebook parent company in 2014 from PayPal Holdings Inc., ran the Messenger service for years before moving over to form the company’s blockchain division in 2018. He spent the last few years building Novi, the company’s digital wallet that launched in October, and co-founded Diem, a digital currency formerly known as Libra that was intended as a way for people to send money cross-border.